Tucows Inc. (NASDAQ:TCX) Shares Sold by Bard Associates Inc.

Bard Associates Inc. lessened its holdings in shares of Tucows Inc. (NASDAQ:TCX) (TSE:TC) by 19.1% during the 4th quarter, Holdings Channel reports. The firm owned 19,740 shares of the information services provider’s stock after selling 4,655 shares during the period. Bard Associates Inc.’s holdings in Tucows were worth $338,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Tucows during the fourth quarter worth about $32,000. Barclays PLC increased its stake in shares of Tucows by 307.6% during the third quarter. Barclays PLC now owns 11,385 shares of the information services provider’s stock worth $238,000 after buying an additional 8,592 shares during the period. Jane Street Group LLC increased its stake in shares of Tucows by 7.6% during the third quarter. Jane Street Group LLC now owns 13,646 shares of the information services provider’s stock worth $285,000 after buying an additional 966 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Tucows by 5.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 80,421 shares of the information services provider’s stock worth $1,378,000 after buying an additional 4,109 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Tucows by 2.8% during the third quarter. Geode Capital Management LLC now owns 200,263 shares of the information services provider’s stock worth $4,185,000 after buying an additional 5,503 shares during the period. Institutional investors and hedge funds own 73.64% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Tucows from a “hold” rating to a “sell” rating in a research note on Monday, February 17th.

Insider Buying and Selling at Tucows

In other news, CEO Elliot Noss sold 2,000 shares of the stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $16.22, for a total value of $32,440.00. Following the completion of the sale, the chief executive officer now directly owns 481,858 shares of the company’s stock, valued at approximately $7,815,736.76. This represents a 0.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 14,260 shares of company stock worth $240,957 over the last three months. Insiders own 11.60% of the company’s stock.

Tucows Stock Performance

TCX stock opened at $19.63 on Tuesday. The company’s 50 day moving average price is $16.85 and its 200 day moving average price is $18.42. Tucows Inc. has a fifty-two week low of $14.50 and a fifty-two week high of $26.48. The firm has a market capitalization of $216.52 million, a price-to-earnings ratio of -1.91 and a beta of 0.81.

Tucows (NASDAQ:TCX) (TSE:TC) last released its earnings results on Thursday, February 13th. The information services provider reported ($1.43) earnings per share for the quarter. The company had revenue of $93.10 million for the quarter.

Tucows Company Profile

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in North America and Europe. It operates in three segments: Ting, Wavelo and Tucows Domains. The Ting segment provides fiber and fixed wireless internet services. The Wavelo segment offers individual developer tools, subscription, billing management, network orchestration, and provisioning services.